Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Costa Rica - 2022
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Costa Rica (CIF) - 2022
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Costa Rica (FOB) - 2022
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Costa Rica
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Costa Rica
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Costa Rica (CIF) - 2022
In 2022, the average import price for cattle; live, other than pure-bred breeding animalses amounted to $1,040 per unit, with an increase of 6.7% against the previous year. Over the period under review, the import price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 24%. Over the period under review, average import prices hit record highs at $5,160 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Nicaragua.
From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to -15.0% per year.
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Costa Rica (FOB) - 2022
In 2022, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $987 per unit, reducing by -6.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 22% against the previous year. As a result, the export price reached the peak level of $1,054 per unit, and then reduced in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($996 per unit), while the average price for exports to Honduras ($850 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Costa Rica
In 2022, approx. 11K units of cattle; live, other than pure-bred breeding animalses were imported into Costa Rica; with a decrease of -23.9% compared with 2021. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 343% against the previous year. As a result, imports reached the peak of 15K units, and then plummeted in the following year.
In value terms, imports of cattle; live, other than pure-bred breeding animalses reduced markedly to $12M in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 396%. As a result, imports attained the peak of $14M, and then reduced sharply in the following year.
| Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 3.0 | 2.9 | 14.2 | 11.6 | 57.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 2.9 | 14.2 | 11.6 | 57.0% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Costa Rica in 2022:
- Nicaragua (11.1K units)
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Costa Rica
In 2022, exports of cattle; live, other than pure-bred breeding animalses from Costa Rica rose notably to 94 units, picking up by 11% against 2021 figures. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,317% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of cattle; live, other than pure-bred breeding animalses expanded slightly to $93K in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,623%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 1.7 | 1.2 | 19.6 | 48.8 | 206.2% |
| El Salvador | 9.7 | 3.1 | 47.9 | 40.6 | 61.2% |
| Honduras | N/A | N/A | 4.3 | 3.4 | -20.9% |
| Guatemala | 5.5 | 0.4 | 3.8 | N/A | -16.9% |
| Panama | 1.2 | 0.5 | 14.1 | N/A | 242.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.0 | 5.2 | 89.6 | 92.8 | 72.8% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Costa Rica in 2022:
- Nicaragua (49.0 units)
- El Salvador (41.0 units)
- Honduras (4.0 units)
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